This property might be a fair Long-Term investment with a projected 2.29% first-year return on $91,812 initial cash invested.
2.29%
Cash On Cash
7.53%
Cap Rate
1.16
DSCR
$4,227
Rent
$175
Cashflow
Cash Flow
$4,227 income − $4,052 expenses = $175 cash flow
Investment Breakdown
|
Purchase Price
$437k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$91,812
Downpayment
20%
$87,440
Closing costs
1%
$4,372
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,227
Total Expenses
$4,052
Mortgage P&I
56%
$2,356
Property Taxes
10%
$439
Home Insurance
4%
$158
HOA
0%
$0
Property Management
10%
$423
CapEx
5%
$211
Vacancy
6%
$254
Maintenance
5%
$211
Other
0%
$0